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Originally posted by jhe888:

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Originally posted by marksman41:

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Originally posted by jhe888:
Even assuming it was a pump and dump, so? It is was his decision to make. His only job is to make money, and use his judgment about the best way to do that.

You and I obviously disagree about this aspect of capitalism. My thinking is that it's better for the economy as a whole if a company can profitably remain in business, as Cabela's was before Singer took over. Maximizing profit for a few hundred or a few thousand shareholders by destroying a profitable company is short-term thinking for a few at the expense of long-term value for many.

That is capitalism. Anything else isn't. With few exceptions, this results in the biggest economic good. Invisible hand, Pareto efficiency, and all that.

Don't want to get bought? Don't go public to cash in on that equity.

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Originally posted by jhe888:
Don't want to get bought? Don't go public to cash in on that equity.

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Originally posted by 2012BOSS302:
This guys an asshole and is no better than someone like George Soros. He rigged it, gamed the system and fucked a lot of people, unnecessarily. It's vultures like this that get people to want the government to step in, which only makes it worse.

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Originally posted by parabellum:
Nah, the motherfuckr is in the clear because the law is on his side. Meanwhile, his house servants are tossing stacks of hundred dollar bills into the boiler to heat his three indoor swimming pools.

But hey, not to worry. He's gonna send sixteen lawyers over to your house to show you all the paperwork proving that it was perfectly legal for him to fuck the working man in the ass. So what if families are uprooted and have to leave a place they've lived their entire lives, so they can find work? Shitstain did nothing wrong. It's just capitalism, y'see.

Say, let's pour some caviar down the garbage disposal, just for the fuck of it. Or, I should say, have the kitchen staff do it and they can report back to us. Have them put the video up in media room number 6 on the third florr of my mansion, and I'll have my valet crry me in there to watch it, right after I ruin a few more lives.

Tar and Goddamned feathers, man. I'm telling you- if I had the chance. Tar and feathers. For starters.

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Originally posted by a1abdj:

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Money that does go back to the community is in the form of employee salaries and most 'Mom & Pop' stores only have a handful of employees while the big box stores have dozens.

Employees, and all the associated taxes.
Real estate, and all the associated taxes.
Sales tax.
Utilities.
Insurance.
Money spent with other local businesses (plumbers, window washers, advertising, etc).

And all of that money, paid to other locals, is spent by those locals in the same fashion. Your dollar spent in your community runs laps around the community. Your dollar spent with Amazon is gone forever.

I make a dollar. I spend that dollar at the local hardware store. The hardware store uses that dollar to pay his employee. That employee spends that dollar going out to lunch. The waitress that serves him gets that dollar and uses it to put gas in her car. The gas station owner uses that dollar to pay the guy who plows snow off the lot. The guy who plows the snow uses it to buy tires for his truck. The tire shop owner uses it run an ad in the local high school football program. And on, and on, and on.

But once that dollar is spent outside the community. POOF! Gone.

This story is an extreme example, but proof of everything I just said. When local business is gone, so is the money. When the money is gone, so is everything else.

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Originally posted by jhe888:
This report is "fake news" in some ways. The investment fund did not destroy Sidney. The investment fund ...

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Originally posted by parabellum:

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Originally posted by jhe888:
Don't want to get bought? Don't go public to cash in on that equity.

Yeah, the working man in that town, trying to feed his family, has so much control over this, doesn't he? All this stuff you're talking about- it's meaningless to the working man. Did they not cover that when they were cramming all those lofty ideas into your skull in law school? This one business was the town's major employer. Are you incapable of understanding what this crafty move by this one asshole did to all those familes? Is this lost on you? Wait- don't answer that. Don't answer it, because as sure as I'm sitting here, you're going to come back with some clinical, heartless, point-missing response and it's going to piss me off very badly.
See, this is the thing I don't get about some people with lots of education- that they're uttery clueless in certain ways. Some things shouldn't need to be taught. Some things can't be taught. Some people with multiple degrees are as dumb as a bag of hammers.

I'd like for you to sit in a room with those people and their families, look them in the eye, and you can tell them about how this is nothing more than capitalism.

If life were a Frank Capra film, people with your attitude would be the villains.

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Just to be clear, I can't respond because it will piss you off very badly?

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Originally posted by jhe888:
Just to be clear, I can't respond because it will piss you off very badly?

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Originally posted by TMats:
You could respond to the question I put to you while you’re waiting

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Originally posted by TMats:

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Just to be clear, I can't respond because it will piss you off very badly?

You could respond to the question I put to you while you’re waiting